My Blog
The Case Against Returning to Normal
SpringFour CEO Rochelle Gorey authored an op-ed for American Banker: “The case against returning to normal.” In the article, she describes the enormous opportunity that banks have to continue to prioritize their customers’ financial health, and how they can do so. Here’s an excerpt:
“There is much help available now, but customers may not know that help exists or whom to trust. Financial institutions are in the right place to provide all of the financial services that people need, including access to these resources. This will benefit customers and institutions alike — increasing repayment rates and securing a positive relationship with their customers when these resources provide the support they need…We all do well when we do good. We don’t have to return to normal — we can decide to be better and do right by our customers. It’s a win-win for all.”
Companies Focus on ESG Metrics, Highlight SpringFour Partnership
In the wake of climate change and social unrest surrounding racial inequality, many companies are ramping up their environmental, social and governance (ESG) programs to highlight the importance of being a good corporate citizen with a positive impact on customers and community. Banks in particular are reimagining their role as corporate stewards, and rethinking what ESG means for them as part of a broader emphasis on corporate social responsibility (CSR). Katy Jacob, SpringFour’s VP of Research & Impact, discusses how SpringFour fits in to the evolving ESG landscape.
Banks need to focus on ESG–it’s the only way to heal
As seen on Global Banking and Finance Review: In the wake of climate change disasters and social unrest in response to racial inequality, many companies are ramping up their environmental, social and governance (ESG) programs to become better corporate citizens with a positive impact on customers and community. Katy Jacob, VP of Research & Impact at SpringFour, encourages more financial institutions to ramp up their ESG programs by creating products and services that improve the long-term financial health of their customers.
SpringFour and Avant Partner to Power Financial Health
Amid the financial strain of COVID-19, Avant, a financial technology company that gives middle-income consumers access to the credit they deserve, partnered with SpringFour to help their customers locate much needed financial resources. As a result, customers were increasingly able to make repayments on time, and Avant strengthened its relationship with its customers. In our short interview with Avant’s team, we explore what led to this partnership, the benefits to Avant and its customers, and how this work fits into Avant’s COVID-19 response and beyond.
Bank-Fintech Partnership Powers Financial Health
This month, Rochelle Gorey, CEO and Co-Founder of SpringFour, and Ben Schack, Head of U.S. Digital Partnerships for BMO Financial Group, were featured at the Financial Health Network’s EMERGE, discussing our innovative financial health partnership. Watch the video to learn how this award-winning social impact fintech and multinational bank teamed up to solve problems and deliver assistance for customers through the pandemic and beyond. Discover the impact of their efforts on their employees and brands, and consider tips for successful fintech-bank partnerships.
I have a visceral understanding of the underserved customer because I was one too: The Story of Ahead Financials
Ahead Financials provides an overview of its business model focused on meeting the needs of the unbanked and financially under-served.